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Fifield Realty Corp. Reaches 85-Percent-Leased Milestone in Less Than Nine Months at NEXT Apartments in Chicago

July 14, 2017

Chicago-based Fifield Realty Corp. has announced that NEXT Apartments, its 310-unit luxury apartment project at 347 W. Chestnut in Chicago’s River North neighborhood, has been leasing at a record pace. Open less than nine months, the 28-story tower, which offers residents a full suite of best-in-class amenities and five-star services, is 85 percent leased.

“NEXT has led the way for high-rise residential living in this rapidly emerging tech corridor and set the standard for rentals in the neighborhood,” said Randy Fifield, chairwoman of Fifield Realty Corp. “Young urban professionals, graduate students and older millennials with young children are just a few of the groups choosing the luxury lifestyle available at NEXT. They want a world-class, amenity-rich building that is not just near work, but also in proximity to the city’s top schools, restaurants, shopping, parks and entertainment.”

Luxury apartments at NEXT range from 426 to 1,727 square feet, with a mix of studio, one- and two-bedroom units available, along with two- and three-bedroom penthouses. Homes feature nine-foot ceilings, oversized windows, plank flooring, quartz countertops, tile backsplashes, Grohe faucets, closet organizers, oak-faced flat paneled cabinets and GE stainless steel appliances. Private balconies and master bedroom walk-in closets are available in select units.

“Before NEXT’s opening in late September 2016, there had been little high-rise residential construction during the last few years between Chicago Avenue and Division Street,” said Steve Fifield, chairman of Fifield Cos. “Today, there are other developers following our lead in this community and recognizing how fast the area has grown and changed — and how demand for well-designed buildings with top-of-the-line finishes will continue. In spite of beginning our leasing during the traditionally slower fall/winter period, we are ahead of our own projections and industry expectations. And we expect lease-up at NEXT to stay strong.”

NEXT residents have daily access to a state-of-the-art fitness center with special class offerings and an indoor/outdoor yoga studio; media room with oversized TV with surround sound; demonstration kitchen; coffee bar; gaming arcade; business center and conference room; “bicycle kitchen” with storage, supplies, tools and air pumps; dog spa; and an outdoor pool, spa and sun terrace complete with cabanas, a fire pit, and outdoor grilling kitchens with pergolas and seating. Building residents also receive daily greetings from their well-known four-legged neighbor Daisy, an 80-pound Newfoundland that lives onsite and is NEXT’s official “House Dog.”

“Not only can our residents be close to everything downtown has to offer, but they also can get a great workout, host the best parties, have efficient business meetings, and enjoy some cuddles with a sweet, friendly dog without committing to pet ownership,” said Randy Fifield. “Our goal at NEXT is to offer residents the best of everything and to make their daily routines a little easier. They can even count on our staff to organize fun, educational events and arrange partnerships with local businesses that contribute to their overall health and wellness.”

Located just two blocks from the CTA’s Brown/Purple Line stations at Franklin Street and Chicago Avenue, and a short walk to the Red Line station at North and Clybourn, NEXT offers convenient access to the Loop. It is also within proximity of popular River North dining and nightlife destinations, parks, and grocery stores such as Whole Foods, Jewel-Osco and Target.

To learn more about NEXT Apartments in Chicago, or for leasing information, visit www.nextapts.com or call 312-361-3199.

And for renters who want a similar renter lifestyle to the one offered at NEXT Apartments in Chicago, but on the West Coast, Fifield Realty Corp. has begun leasing its new 398-unit luxury NEXT on Sixth Apartments in LA’s Koreatown, which will open in August. http://nextonsixth.com/

About Fifield Cos.:

Fifield Cos. is one of the nation’s premier developers of urban office towers and luxury high-rise rental apartments. Established in 1977, Fifield has earned a reputation for creating superb living and office environments in some of the country’s most renowned locations, including Chicago, Austin, Dallas, Ft. Lauderdale, Los Angeles, San Francisco, Washington DC, Las Vegas and Honolulu. Fifield has completed more than 70 projects in the United States worth more than $7 billion. For more information, visit www.fifieldco.com.

NEXT Apartments, a luxury rental community in downtown Chicago, has reached the 85-percent-leased mark in less than nine months.

NEXT Apartments, a luxury rental community in downtown Chicago, has reached the 85-percent-leased mark in less than nine months.

The sun terrace at NEXT Apartments in Chicago, featuring an outdoor pool, cabanas, spa, fire pit, grilling kitchens with seating areas and city views, is open now through Labor Day.

The sun terrace at NEXT Apartments in Chicago, featuring an outdoor pool, cabanas, spa, fire pit, grilling kitchens with seating areas and city views, is open now through Labor Day.